Full exemption to all bulk drugs used in the manufacture of life saving drugs under Notification No. 208/81-Cus.

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..... In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962), the Central Government, being satisfied that it is necessary in the public interest so to do, hereby exempts bulk drugs (including salts and esters thereof) falling within Chapters 28, 29 or 30 of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975), and used in the manufacture o .....

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..... e place of manufacture shall be produced within a period of 3 months or such extended period as the Assistant Collector may allow; and (d) he shall pay, on demand, in the event of his failure to comply with (a), (b) or (c) above, an amount equal the difference between the duty leviable on such quantity of said imported bulk drug but for the exemption contained herein and that already paid at the .....

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